The DNA airdrop details are confirmed: it starts at 16:00, the minimum threshold is 245 points, each person gets 400 tokens, and there are 25,000 allocations in total. The pre-market value is 16u.
1. The current pre-market price of 0.04u is on the low side, so don’t panic. The price should rise when trading opens. The project has raised $11 million, and it’s listing on several exchanges today. I reckon some people will try to snipe it and push the price up.
2. I feel like this project is in for a major shakeout: first, they’ve hired loads of KOLs to promote it, including a bunch telling people to go all-in or dollar-cost average; second, it’s not just a project driven by Chinese investors—it’s also riding the hype around StandX not having a TGE; third, its market maker is the same one that worked on $AIA .
3. This is pure guesswork, but here’s my imagined scenario: each account could be worth around 40u when trading opens, then gradually slide to around 25u as the market shakes out, before a big pump once lots of people have forgotten about it.
To prove I wasn’t paid to promote this, I’ve decided to sell if each allocation goes above 50u. Make up your own minds, guys.
1. The current pre-market price of 0.04u is on the low side, so don’t panic. The price should rise when trading opens. The project has raised $11 million, and it’s listing on several exchanges today. I reckon some people will try to snipe it and push the price up.
2. I feel like this project is in for a major shakeout: first, they’ve hired loads of KOLs to promote it, including a bunch telling people to go all-in or dollar-cost average; second, it’s not just a project driven by Chinese investors—it’s also riding the hype around StandX not having a TGE; third, its market maker is the same one that worked on $AIA .
3. This is pure guesswork, but here’s my imagined scenario: each account could be worth around 40u when trading opens, then gradually slide to around 25u as the market shakes out, before a big pump once lots of people have forgotten about it.
To prove I wasn’t paid to promote this, I’ve decided to sell if each allocation goes above 50u. Make up your own minds, guys.